Guides

With these 4 fantastic tools, you can become an NFT creator

Published

1 year ago

March 16, 2022

Given the current excitement around NFTs, it appears that a large number of people are asking the same question every day: ” I want to be an NFT creator, how can I do that?” Certainly, for beginners to the field of NFTs, learning how to make NFTs can appear to be a huge challenge. Smart contracts must be deployed, metadata must be edited, and gas fees must be paid. That’s exactly what you’ll need to do before you can start selling and marketing your NFTs.

Thankfully, the tasks that you need to do are now simpler than ever. To be sure, a variety of platforms are offering services for people to establish NFTs without having to learn how to code or create smart contracts on their own. Let’s have a look at some of the tools available today to assist you in creating your own NFTs.

1. NiftyKit: A one-stop shop for NFT creators

For NFT creators NiftyKit is a platform that does not require any coding. It lets anyone to create, manage, and sell NFTs. It also gives the right to creators to use their own personalized smart contracts. As a result, NiftyKit gives NFT creators complete ownership of the assets they generate on the platform. On NiftyKit, NFT creators are able to create NFTs for Ethereum as well as Polygon. After creating your NFTs, you can sell your NFTs not just on NiftyKit’s platform, but on different platforms as well such as OpenSea and Rarible. In addition, you can also sell your NFTs at your own website too.

NiftyKit is a monthly subscription service that costs $9.99. Users have limitless minting on Polygon using this package. Users on Ethereum, on the other contrary, will still have to pay gas fees in order to use their smart contracts. Furthermore, once consumers withdraw money using the smart contract, NiftyKit receives 5% of primary sales.

2-NFT Art Generator: Generate your NFT collections without any coding.

Create layers, input your art assets, and create full generative NFT collections with the NFT Art Generator. It can handle almost everything, including selecting rarities for traits and groupings of traits, editing your collection’s metadata, and previewing the created artworks.

There’s even a free version that allows you to upload up to 100 assets. It’s worth noting, though, that the free edition has a watermark.

Paid version prices can change: the cheapest one is $179 for up to 1,000 assets and the most expensive one is $389 for up to 10,000 assets. NFT Art Generator may also generate smart contracts for your NFT collection. It charges a royalty of 4.9% on each NFT purchased in the primary sales for smart contracts.

3. Manifold Studio: NFT Creators can create custom smart contracts, and there’s a lot more.
Manifold Studio was founded in October 2021 by the firm best recognized for creating custom smart contracts for NFT producers, both new to the industry and well-established names and projects. Users may build smart contracts with a single click of a button on the Manifold Studio dashboard. In addition to that no coding required. And the best part is that it is entirely free to use!

Manifold takes pride in giving NFT creators complete control over their smart contracts from the moment they are deployed. To be clear, users can create ERC 721 and ERC 1155 coins using the contracts. Simply upload your files, edit your information, and click the “MINT” button to mint an NFT. Manifold is notable for accepting infinite file sizes for high-resolution video and photos, as well as decentralized storage. The NFTs can then be sold on all of the major NFT platforms.

4. OpenSea: Gas-free minting on the world’s largest NFT platform

NFT creators can use OpenSea’s free minting tool to make NFTs using “lazy minting.” To summarize, lazy minting is the process of creating an NFT without having to pay any upfront gas fees. Instead, your NFT’s smart contract is only activated on the blockchain if someone purchases it.

Furthermore, lazy minting eliminates the requirement for you to provide your own smart contract. It’s worth noting, though, that users will have to pay a one-time fee when they first mint an NFT on OpenSea.

OpenSea’s free minting tool is incredibly popular, being the largest NFT marketplace. This tool is actually, the most commonly used tool by those who have just started creating NFTs. In addition, those who are NFT creators now, generally decided to use OpenSea’s free minting tool as well when they first started this business. However, the corporation was on the verge of making a terrible move by limiting the quantity of NFTs customers could create and sell.

Thankfully, OpenSea reversed its decision after a massive outcry from creators. As a result, OpenSea is likely to remain one of the most accessible tools for NFT creators. At least, for the time being.

Guides

What is Baby AGI: A Comprehensive Guide For Beginners

Published

12 hours ago

August 15, 2023

admin

Artificial Intelligence (AI), an omnipresent force subtly weaving through the fabric of modern life, has ushered in a new era of innovation and automation. From virtual assistants like Siri and Alexa to the sophisticated recommendation engines driving platforms like Netflix and Amazon, AI’s impact is unmistakable. A groundbreaking stride in AI’s evolution is the emergence of Baby Artificial General Intelligence (AGI), an advancement poised to reshape our existence by automating a diverse spectrum of tasks. This article delves into the essence of Baby AGI, its mechanics, and the boundless vistas it opens for application.

Introducing Baby AGI: Pioneering Autonomy and Efficiency

Laying the foundation for an era of self-sustaining AI, Baby AGI is a groundbreaking autonomous agent meticulously crafted using the Python programming language in tandem with the OpenAI and Pinecone APIs. This innovative entity possesses the prowess to independently initiate and execute tasks, effectively revolutionizing workflow dynamics. Much akin to its human counterparts, Baby AGI demonstrates the capacity to learn, comprehend, and execute tasks spanning a myriad of domains, distinguishing itself from the narrower confines of specialized AI.

Exploring Baby AGI’s Boundless Potential

While the infancy of Baby AGI’s journey is undeniable, the scope of its applications is nothing short of prodigious. From crafting literary marvels to orchestrating intricate travel plans, Baby AGI promises the ability to undertake tasks demanding a human-like grasp of context and nuance. Crucially, it is imperative to grasp that Baby AGI doesn’t supersede human intellect; rather, it serves as an invaluable tool for task automation, driving productivity gains across domains.

Embarking on the Journey: Navigating the Prerequisites

Utilizing Baby AGI mandates a trifecta of essentials:

Adequate Hardware: While specific hardware prerequisites remain nebulous, a computer boasting a minimum of 4GB RAM is advised to ensure seamless operations. Optimal hardware guarantees expedient task execution.
API Key Activation: Empowering Baby AGI necessitates procuring API keys from OpenAI and Pinecone. This entails simple steps for key generation.
- OpenAI API Key Generation:
  - Access platform.openai.com, then log in or establish an account.
  - Click the profile icon, selecting “View API Keys.”
  - Create a new secret key with a designated name.
- Pinecone API Key Generation:
  - Visit pinecone.io and access your account or create a new one.
  - Navigate to “API Keys” on the left-hand side, then proceed to generate a new API key.
Stable Connectivity: Unlike offline AI tools, Baby AGI thrives on an unwavering internet connection, underscoring the need for dependable connectivity.

A Comprehensive Guide to Harnessing Baby AGI’s Potential

The journey commences by embracing the steps outlined below:

Step 1: Python Installation

Begin by installing Python, an essential programming language requisite for executing Baby AGI. Visit python.org, acquire the latest version of Python, and follow platform-specific installation guidelines.

Step 2: Acquiring Baby AGI Files

Through your terminal (Mac/Linux) or Command Prompt (Windows), input “git clone https://github.com/yoheinakajima/babyagi.git” and press Enter. This directive triggers the download of imperative Baby AGI components from the designated GitHub repository.

Step 3: Package Installation

Within the downloaded directory, execute “pip install -r requirements.txt” in the terminal or Command Prompt. This single command orchestrates the installation of essential packages, forming the bedrock of Baby AGI’s operational architecture.

Step 4: Configuration Precision

Upon successful package installation, locate and rename the “.env.example” file to “.env”. This configuration file is instrumental in establishing the operational context for Baby AGI.

Step 5: Enabling API Integration

Edit the renamed “.env” file using a text editor to input your OpenAI and Pinecone API keys. These keys imbue Baby AGI with the prowess to interact with external services, accentuating its capabilities.

Step 6: Igniting Baby AGI

Within your terminal or Command Prompt, input “python babyagi.py” and hit Enter. This catalyst sets Baby AGI in motion, ushering in its active presence and potential for interaction.

Step 7: Catalyzing Interaction

Elevate Baby AGI’s prowess by offering input that encapsulates your AI agent’s designation, the focal domain, and the inaugural task you seek to delegate. This framework defines its mission, enabling adept execution guided by your specifications.

A Glimpse of Baby AGI in Action

Illustrating Baby AGI’s potential, envision a scenario where it functions as a cyber insurance underwriter, identifying vulnerabilities primed for cyber insurance claims. Tasked with grasping cyber insurance nuances and dissecting potential linked.com issues, Baby AGI exemplifies task automation at its zenith.

Navigating Current Usage and Future Trajectories

Though yet to infiltrate commercial applications, Baby AGI captivates researchers and pioneers. Yohei Nakajima’s Baby AGI project harnesses machine learning and reinforcement learning, mirroring human growth patterns. Foreseeing the dawn of advanced educational tools and more sophisticated chatbots, the path forward entails overcoming challenges of safety and ethics.

Concluding Remark

Baby AGI crystallizes the zenith of AI evolution, steering us towards the realization of AI agents mirroring human cognition. Pioneering the realm of task automation, this nascent marvel harbors potent potential. Though in its infancy, Baby AGI pledges to empower and reshape the landscape of productivity.

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of Forbes.)

Guides

What is Wrapped?

Published

5 months ago

March 28, 2023

admin

Wrapped is a term used in the cryptocurrency industry to refer to a digital asset that represents another asset or currency on a different blockchain. This allows users to trade or use assets on one blockchain, while still retaining the value of the asset on its original blockchain.

For example, the Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. When a user wraps their BTC into WBTC, they receive an equivalent amount of WBTC on the Ethereum blockchain. This allows them to use BTC in Ethereum-based decentralized applications (dapps) or trade BTC on Ethereum-based decentralized exchanges (DEXs) without needing to transfer the actual BTC to the Ethereum blockchain.

The process of wrapping an asset involves locking the original asset on its blockchain and minting an equivalent amount of the wrapped asset on another blockchain. The wrapped asset is then pegged to the original asset’s value, usually through the use of a smart contract. When a user wants to redeem their wrapped asset for the original asset, the wrapped asset is burned, and the original asset is released back to the user.

Wrapped assets are useful because they allow for interoperability between different blockchains and can increase liquidity and trading volumes for certain assets. They can also enable new use cases for assets that were previously restricted to a specific blockchain.

In addition to WBTC, there are many other wrapped assets, including Wrapped Ether (WETH), Wrapped Litecoin (WLTC), and many others.

Guides

What is Wash Trading?

Published

5 months ago

March 28, 2023

admin

Wash trading is a practice that involves buying and selling a cryptocurrency asset for the purpose of creating the impression of greater market activity and trading volume than actually exists. It involves a trader simultaneously buying and selling the same asset to manipulate the price and create a false sense of demand and liquidity.

In the context of cryptocurrencies, wash trading is a fraudulent activity that can deceive investors and traders into thinking that a particular asset is more popular and valuable than it really is. This can lead to an artificial price increase, which can be exploited by the traders involved in the wash trading scheme.

Wash trading is typically used by unscrupulous traders and market manipulators who want to artificially inflate trading volumes or prices to attract other investors or traders to buy the asset. It is also sometimes used to manipulate prices to trigger stop-loss orders or liquidations, which can cause panic selling and create opportunities for the wash traders to profit.

Wash trading is illegal in traditional financial markets, and many jurisdictions have laws against it. In the crypto industry, some exchanges and regulators have taken steps to crack down on wash trading, including implementing monitoring tools to detect and prevent it.

Investors and traders should be cautious of assets with unusually high trading volumes, as they may be subject to wash trading. It’s important to do your own research and use reliable sources of information before investing in any cryptocurrency.